PL5 — Property Investment Data

Short-term rental data · Last updated: Dec 2026 · 24 listings sampled

PL5 covers the Looe area in south-east Cornwall, a established coastal destination situated approximately 25 miles south-west of Plymouth. The sector encompasses both the twin towns of East and West Looe alongside surrounding villages, offering a mix of seafront, town centre, and rural properties. The area's economy relies heavily on tourism, fishing heritage, and increasingly on visitor accommodation services.

The short-let market in PL5 demonstrates moderate performance metrics. With an estimated 237 active Airbnb listings, the sector shows significant competitive density. Average nightly rates of £122 generate estimated monthly revenues of £2,206 per property at the prevailing 60% occupancy rate. This occupancy level sits below the 70-75% range typically considered optimal for viable short-let operations, suggesting seasonal demand fluctuations that characterise Cornish coastal markets.

For investors, PL5 presents both opportunity and challenge. The established tourist infrastructure and year-round visitor appeal provide a stable demand base, yet elevated competition among listings pressures pricing and occupancy rates. Summer peak seasons can drive strong returns, but winter performance requires careful consideration. Property acquisition costs, local planning constraints, and holiday letting regulations remain important factors when evaluating investment viability in this sector.

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